MasTec (NYSE:MTZ) Lowered to “Hold” Rating by Zacks Research

Zacks Research cut shares of MasTec (NYSE:MTZ) from a strong-buy rating to a hold rating in a report issued on Wednesday morning,Zacks.com reports.

Several other equities analysts have also recently commented on MTZ. KeyCorp upped their target price on shares of MasTec from $264.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday. Barclays increased their target price on shares of MasTec from $240.00 to $260.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Stifel Nicolaus lifted their target price on MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Citigroup upped their price target on MasTec from $284.00 to $350.00 and gave the company a “buy” rating in a report on Monday. Finally, TD Cowen lifted their price objective on MasTec from $225.00 to $320.00 and gave the stock a “buy” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.79.

MasTec Stock Performance

MTZ traded up $0.06 during trading on Wednesday, hitting $295.36. The stock had a trading volume of 145,024 shares, compared to its average volume of 954,495. The firm has a market cap of $23.30 billion, a PE ratio of 58.26 and a beta of 1.89. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.65. MasTec has a 12 month low of $99.70 and a 12 month high of $310.36. The company has a 50 day simple moving average of $252.43 and a 200-day simple moving average of $219.72.

MasTec (NYSE:MTZ) last posted its quarterly earnings data on Thursday, February 26th. The construction company reported $2.07 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.13. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.71 billion. MasTec had a return on equity of 15.62% and a net margin of 2.79%.The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.44 earnings per share. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. Analysts expect that MasTec will post 3.44 EPS for the current year.

Insider Buying and Selling at MasTec

In other news, Director Ernst N. Csiszar sold 6,500 shares of MasTec stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $300.40, for a total value of $1,952,600.00. Following the completion of the transaction, the director owned 17,235 shares in the company, valued at approximately $5,177,394. The trade was a 27.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 21.30% of the company’s stock.

Institutional Investors Weigh In On MasTec

A number of hedge funds and other institutional investors have recently bought and sold shares of MTZ. Vanguard Group Inc. grew its holdings in shares of MasTec by 0.6% during the third quarter. Vanguard Group Inc. now owns 6,007,192 shares of the construction company’s stock worth $1,278,391,000 after purchasing an additional 34,899 shares during the last quarter. Victory Capital Management Inc. lifted its position in MasTec by 178.6% during the 4th quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company’s stock worth $573,304,000 after buying an additional 1,690,896 shares in the last quarter. Invesco Ltd. grew its holdings in MasTec by 6.1% during the 2nd quarter. Invesco Ltd. now owns 1,765,049 shares of the construction company’s stock worth $300,817,000 after acquiring an additional 102,072 shares during the last quarter. Hood River Capital Management LLC increased its position in MasTec by 8.9% in the 2nd quarter. Hood River Capital Management LLC now owns 1,692,656 shares of the construction company’s stock valued at $288,479,000 after acquiring an additional 138,269 shares in the last quarter. Finally, Peconic Partners LLC increased its position in MasTec by 113.3% in the 4th quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock valued at $347,792,000 after acquiring an additional 850,000 shares in the last quarter. 78.10% of the stock is owned by institutional investors and hedge funds.

MasTec News Roundup

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Several firms raised price targets on MTZ, lifting upside expectations for the stock; these upgrades follow MasTec’s strong Q4 showing and improved outlook. Price Target Raised to $335.00
• Positive Sentiment: D.A. Davidson reaffirmed/kept a Buy rating on MasTec, signaling continued analyst confidence in growth from infrastructure and energy-related projects. D.A. Davidson Keeps Their Buy Rating on MasTec (MTZ)
• Positive Sentiment: Zacks and other outlets highlighted MasTec as a top-ranked momentum stock after it beat Q4 revenue and EPS estimates and gave FY guidance, reinforcing the narrative of durable demand (including AI/infra-related work). Should Investors Buy, Hold or Sell MasTec Stock Post Q4 Earnings?
• Neutral Sentiment: Market commentators noted profit-taking after MasTec’s Q4 rally — some selling tied to AI-infrastructure optimism may be short-term rotation rather than a change in fundamentals. MasTec (MTZ) Sold After Q4 Rally Linked to AI Infrastructure Demand
• Negative Sentiment: Zacks Research downgraded MasTec from “strong-buy” to “hold,” which can reduce near-term tailwinds from that research house and prompt some selling by Zacks-following investors. Zacks Research Downgrade
• Negative Sentiment: Insider selling: Director Ernst N. Csiszar sold 6,500 shares at an average of $300.40 (?$1.95M), trimming his stake by ~27%; large director sales often create negative sentiment even if not tied to company outlook. Director Insider Sale Filing

About MasTec

MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.